The Canton advocate. [volume] (Canton, D.T. [S.D.]) 1877-1897, 1887-04-28
ANNUAL STATEMENT.

der the Laws of the State Of Wisc0n
sin, Made TO the Auditor Of the Ter
ritOry OF Dakota, i'm Pursuance o.
the Laws OF Said Territory.
President, H. L. Palmer.
Vice president, Ma thew Keenan,.
Secretary, J. W. Skinner.
Principal Office, Milwaukee, Wis.
Organized or incorporated March, 1857.
Commenced business November 25, 1858.
III. CAPITAL.
Amount of capital stock actually paid in cash. pure
ly mutual
". PROPERTY OR ASSETS OF THE COMPANY.
The value of its real estate is S1,569, ,3l8 81
The cash on hand in its Office liz,
including S98,658 l6 of 1886 re.
ceived Jan. to 10, 1887 161, ,307 II
The cash on deposit in bank Is 1,232,272 &c
Loans on bond and mortgages.
being the frstlien on real estate
worth double the amount Of the
sum loaned thereon 2l,l23,75s q
Total carried out at market val
ue 6O7,171 SO
Premium notes on policies in
force, the reserve on each poll
cy being in excess Of all indebt- ..
edness thereon 1,056, 1878 95
Interest due and uncollected S24.
$40 Os and accrued balance not
due 1911, ,977 55 396, ,497 SO
Deferred and unreported prem
iums $500, ,466 SO interest 20 per
cent, loading on gross amount
S124.093 SO 496, 1878 80
Ledger balances 2O.729 81 bills
receivable S1.O74 33 21,803 81
Accrued rent on company build
ing 1887 SO
Total assets 2e,ee9s7s 80
v. LIABILITIES.
Amount of losses and matured
endowments yet unpaid in pro-
of adjustment or adjusted
and not yet due 1A, ,663 At
Amount of claims for losses re-
sisted by the company $1,000 90
Amount of dividends declared
and due and remaining unpaid
estimated 1000 90
Premiums paid in advance 1000
Accrued commissions 5000
(estimated.) Reserved for paid
up insurance claimable 78, ,943-
81. Account not presented, l.
415 90 9O,359 "a
Amount of all other existing
claims reserve on outstanding
policies, actuaries table with
four per cent interest 2l,963, ,674 90
Surplus on policy holders account 4,42s,lsl OF
Total liabilities 26,669, 1878 3s
VI. INCOME DURING THE YEAR 1856.
Whole amount of cash and note
premiums received 4,416,488 65
Whole amount of cash and note
premiums received on policies
written in the territory of Da-
kota 1886 %
Whole amount of interest and
rent money received 1,454,so 42 |
Total income 5,s7O,797 OF
VII. EXPENSES DURING THE YEAR 1886.
Whole amount of losses and ma
tured endowments paid during
the year 1886 1874, ,182 O6
Amount of losses and matured |
endowments paid upon risks
taken in the territory of Dako-
ia 1890 90
Amount of surrendered and
lapeed policies 248,912 81 |
Amount of dividends paid during
the year 1886 s2o.9o3 % !
Amount of commissions and SAL
aries paid to and agents during
the year 1886 agents ex-
Amount Of taxes paid during the
year 1886 79,4O2 as
AMOUNT of taxes paid the terri
tory Of Dakota during the year
1886 768O8
oebet. balance profit and loss &C.
count 939l9 80
AMOUNT of fees paid tho auditor
of tho territory of Dakota du-
ring the year 1886, not INCLUDING
taxes HOO
Whole amount paid for salaries
OF officers and clerks during
the year 1886, exclusive Of
medical and legal department l25,616 81
Whole amount of all other ex
penditures during the year
1886, legal department supplies,
postage, exchange advertising,
medical examinations and
other xpenses Qncluding gil,
749 % commuted commissions) 247,734 50
Total expenditures s,57e.5oe 10
VIII. RISKS.
1ross amount of risks taken du-
ring the year 1886 2s,OS2,62O
1ross amount of risks taken in
the year 1886 !75,3e9
Whole amount of risks outstand-
ing 127,e2s, ,sos 90
Whole amount of losses incurred
during the yeer 1886, including
those claimed and not yet due 9S8, 2l3 rs
Whole amount of losses and ma
tured endowments incurred du-
ring the year 1886, including
those claimed and not yet due,
In the territory of Dakota 13,4OO 90
'tate of Wisconsin,
)ounty of Milwaukee.
H. l.. Palmer, president and j. w. Skinner, sec.
etary, Of the Northwestern Mutual Life Insurance
oregolng is to the best of their information,
knowledge and belief full, true and correct state
nent OF the affairs of said company; that the said
insurance company is the bona fide owner Of at
east one hundred thousand dollars Of actual cash
apital, invested in the state and United states
tocks and bonds. or in bond and mortgages Of
cal estate unincumbered, and worth double the
mount for which the same is mortgaged and they
re the above desc ribed officers of said insurance
ompany.
reo.,I II. L. PALMER, President.
'''"'l ]. W. SKINNER, Secretary.
Subscribed and sworn to before me this twenty
ighth day of January, 1887. W. H. FARNHAM.
[seall Notary Public, Milwaukee Co., Wisconsin,
Territory of Dakota,
Auditors Office,
Department.
1, James A. Ward, auditor of the territory of Da-
oa, do hereby certify that the above is true copy
If the original statement now on file in this ONCE
In witness whereof have hereunto
Ise,I1 set my hand and affixed the seal Of
l"'"'I this office ut Bismarck, this 9th day of
April, 1887.
JAMES A. WARD, Auditor.
rhe Territory of Dakota,
Office Territorial Auditor, :
Department. of Insurance.
Company's Certificate Of Authority,
Whereas, the Northwestern Mutual Life Insur-
'nce company, corporation organized under the
Avs of Wisconsin, has filed in this Office sworn
exhibiting its condition and business for
he year ending December 81, 1886, from whoh h It
ppears that the capital, the character of the Sc
urities, and the financial standing Of said company
onform to the requirements Of the laws Of this
errtory regulating the business Of insurance;
nd,
Whereas, the said company has filed in thie ONCE
duly certified copy OF its charter with certificate
II organization, and has fully complied with the